Refining
CONNECT2016: Schneider Electric extends Universal I/O Capability for Foxboro and Triconex
At annual event, company releases new intelligent marshalling offerings improve flexibility, reliability and efficiency of control and safety system design and operations.
Marathon lays off 46 employees at Galveston Bay refinery
While the company seeks better efficiencies and cost-saving strategies, no announcements of reductions have been made at Marathon's other six refineries.
France uses strategic oil reserves to counter refinery blockade
Unions protesting against a planned labor reform are picketing refineries around France, and the disruption has led to fuel shortages in large parts of the country.
ExxonMobil shaves its PP resin prices in US
Demand has been solid, but market prices are being impacted by a surge in availability of imported PP.
Exxon shareholder vote could see climate activist join board
Voters at ExxonMobil Corp.'s annual meeting on Wednesday approved a measure to let minority shareholders nominate outsiders for seats on the board, meaning a climate activist could eventually become a director at the world's largest publicly traded oil company.
Egypt's new refinery will cut fuel import bill
Egyptian investment firm Qalaa Holdings is confident its new refinery will cut the country's dependence on crucial oil product imports. The $3.7-B Egyptian Refining Co. will have the capacity to produce 4.2 metric MMtpy of refined products
GlobalData: Methanol capacity set to reach 184.4 MMtpy by 2020
China, Iran and Mozambique to lead expansion, outstripping planned European production.
US, Vietnam firms sign MOU for oil and gas cooperation
The MOU formalizes the deepening relationship between Honeywell and PetroVietnam and further confirms a common vision of developing a cooperative partnership in oil and gas.
French strike impacts output at several refineries
France's Socialist government drew battle lines with one of the country's biggest trade unions over labor market reforms as a strike by oil workers forced at least five refineries to halt or slow down operations.
Shell CEO warns on hasty renewables shift
Major investors, including Dutch pension fund PGGM, have criticized Shell's climate change policy in recent months, saying it should do more to mitigate climate change risks.
- Allied Biofuels signs PIA with Uzbekistan to advance $6-B biofuels refinery project 4/10
- Nufarm strengthens strategic collaboration to support long term growth in biofuels production 4/10
- Pertamina and CRecTech sign MoU to explore pilot biogas-to-biomethanol facility in SEZ, Indonesia 4/10
- Shell Chemicals and Syensqo partner to deliver low-carbon ethylene oxide solutions 4/10
- HAMR Energy’s nationally significant fuel projects selected for Australian Government’s Investor Front Door Pilot 4/10
- HD Hyundai Heavy Industries builds world's first ammonia-powered vessel 4/10
